Decentralized finance protocol CurveDAO has successfully launched its algorithmic stablecoin crvUSD on the Ethereum network.
Frax Finance Votes to Fully Collateralize Its $1 Billion Stablecoin
The vote is a step for Frax’s native stablecoin frxUSD to retire its algorithmic element.
Hope Finance exploit results in $2M stolen from users’ funds
An Arbitrum-based algorithmic stablecoin project has fallen prey to a smart contract exploit, seeing $2 million stolen from users.
Terra lawsuit a ‘roadmap’ to attack other stablecoins: Delphi Labs
Delphi Lab’s general counsel said the SEC was being “more thorough than usual” in its lawsuit against Terraform Labs and its co-founder Do Kwon.
Waves-backed stablecoin USDN drops further after regulator warning and exchange delisting
WAVES price and its USDN stablecoin lose value after the Digital Asset eXchange Association issues a caution notice and Upbit exchange delists the token.
New Cardano algorithmic stablecoin evokes old fears for the community
“I thought we already figured this out, algorithmic stablecoins, not the best option,” a community member wrote on Twitter.